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Ernst & Young named as defendant in third Quintis class action
Class Actions 2018-05-25 2:53 pm By Christine Caulfield

Troubled sandalwood oil producer Quintis has been hit with a third class action over the company’s lost contract with Nestle unit Galderma, and this time its auditor, Ernst & Young, has been named as a co-defendant.

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Fox Symes pays up over misleading ’15 second approval’ ad
Competition & Consumer Protection 2018-05-24 10:27 pm By Christine Caulfield

Debt management firm Fox Symes will pay $37,800 in penalties for misleading advertising, including its promise that customers could secure lending approval in 15 seconds.

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Bega ratchets up claims in peanut butter feud with Kraft
Competition & Consumer Protection 2018-05-24 9:49 pm By Cat Fredenburgh

Bega Cheese has brought new allegations against Kraft in their dispute over who owns the rights to the signature Kraft peanut butter packaging in Australia.

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Cash Converters pays $650,000 for breaking debt collection rules
Competition & Consumer Protection 2018-05-24 5:18 pm By Miklos Bolza

Cash Converters has agreed to pay $650,000 in a settlement with ASIC after the regulator found the retail pawnbroker routinely breached guidelines governing debt collection.

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Corrs Chambers joins Ford class action amid Bannister’s funder feud
Class Actions 2018-05-23 10:18 pm By Christine Caulfield

Three weeks after a court heard Bannister Law could be forced off a massive class action against Ford, Corrs Chambers Westgarth has joined the case to jointly act for the lead applicants.

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Telstra’s ‘Unlimited’ ad campaign misleading, court rules
Telecommunications 2018-05-23 6:25 pm By Miklos Bolza

Telstra has engaged in misleading and deceptive conduct and breached the Australian Consumer Law with its ‘Unlimited’ advertising campaign, a judge ruled Wednesday.

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Optus fined $1.5M for misleading customers about NBN transition
Competition & Consumer Protection 2018-05-23 11:38 am By Cat Fredenburgh

Telecom giant Optus has been ordered to pay a $1.5 million penalty for misleading customers about the transition to the National Broadband Network.

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ACCC awaits judgment in Pfizer misuse of market power appeal
Competition & Consumer Protection 2018-05-22 12:43 pm By Cat Fredenburgh

The ACCC will face a test of its ability to win misuse of market power cases when a long-awaited judgment is handed down this week in the regulator’s appeal of a ruling dismissing its case alleging Pfizer misused its market power in the months leading up to the expiration of the patent for its blockbuster cholesterol drug Lipitor.

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Telstra misled consumers with ‘Unlimited’ ad campaign, Optus says
Telecommunications 2018-05-18 9:24 pm By Miklos Bolza

Optus and Telstra squared off court on Friday over an allegedly misleading ad campaign for the second time in a week, this time over Telstra’s ‘Unlimited’ ad campaign.

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Viterra loses third bid for Cargill talks with Allens over Joe White sale
Competition & Consumer Protection 2018-05-18 5:16 pm By Cat Fredenburgh

Viterra has failed in its third bid to access communications between Cargill Australia and its lawyers related to Cargill’s $420 million purchase of malt producer Joe White Maltings from Viterra in 2013.

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